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Algonquin Power & Utilities Corp.

Address 354 Davis Road, Oakville, ON, L6J 2X1, CA
Telephone 905-465-4500
Website algonquinpower.com

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Algonquin Power & Utilities Corp. announces agreement to acquire Enbridge Gas New Brunswick

Algonquin Power & Utilities Corp. announced that its subsidiary Liberty Utilities (Canada) LP has entered into an agreement to purchase Enbridge Gas New Brunswick Limited Partnership , a subsidiary of Enbridge Inc., along with its general partner for C$331 million, subject to certain customary adjustments. New Brunswick Gas is a regulated utility that provides natural gas to approximately 12,000 customers in 12 communities across New Brunswick, and operates approximately 800 km of natural gas distribution pipeline.